Last Sold Price
331 Reed Avenue, Kalamazoo, MI 49001

Description

$500 agent bonus! Two Unit (two bedroom a piece) investment properties for under $20k! The units need some TLC, but would make a great income property. Close to bus stops and downtown Kalamazoo. Please not this property is being sold in AS IS condition.$500 agent bonus! Two Unit (two bedroom a piece) investment properties for under $20k! The units need some TLC, but would make a great income property. Close to bus stops and downtown Kalamazoo. Please not this property is being sold in AS IS condition.
LISTING CLOSED: 04/19/2013 12:00 AM

  1. Listed by Jesse R Granado - Caporossi • Brokerage DRE #6505348467 • i-VEST Real Estate Group
    P: (269) 615-8100 C: (269) 615-8100 jesse@ivestreo.com
  2. Listed by Heath Terlesky • Brokerage DRE #6505348467 • i-VEST Real Estate Group
    P: (269) 345-0630 heath@ivestrealestate.com

Property Details for 331 Reed Avenue

Status
MLS #
13017323
Days on Market
3
Taxes
$1,159 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family / 2 to 4 Units
Year Built
1901
Lot Size
0.25 AC / 10,890 SF

Recent comparable sales

Median sold price

$14,000

Avg days on market

86

Sale-to-list ratio

102.0%

Kalamazoo, MI

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Acres
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Amenities

  • Basement
  • Fireplace
  • Forced Air

Location

Listing Courtesy of i-VEST Real Estate Group

Sold By Cascade Real Estate

Add your commute

Building Information for 331 Reed Avenue

Stories-Residences2Year Built1901Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$158 per month

30 year fixed, 6.55% Interest

Principal and Interest

$61

Property Taxes

$97

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 331 Reed Avenue

Summary
Location and General Information
  • Cross Streets: Vanzee and Reed Court
  • Municipality: Kalamazoo City
  • Directions: Portage Road to Reed (east)
  • Area - Major: Greater Kalamazoo - K
  • Street #: 331
  • Street Name: Reed
  • City: Kalamazoo
  • State: MI
  • Zip Code: 49001
  • County: Kalamazoo
  • Area - Minor: Greater Kalamazoo - K
Taxes and HOA
  • Taxable Value: 12463.0
  • Approx. Assoc Fee: $0
  • Tax ID #: 39000622471002
  • SEV: 15000
Virtual Tour
  • Total Virtual Tours Count: 0
  • Total Open Houses Count: 0
Property
Lot Information
  • Lot Dimensions: 41.1 x 133.14
  • Lot Measurement: Acres
  • Lot Acres: 0.25
  • Lot Square Footage: 10890.0
  • Lot Size Area: 0.25
Property and Assessments
  • Tax Year: 2012
  • Legal: 7981 COM ON TH N LI OF REED ST AT TH WLY R/W LI NYC RR TH NWLY ALG SD WLY R/W LI 136 FT TH W PAR WIT
  • Property Sub-Type: 2 to 4 Units
  • Total Floor Plans Count: 0
  • Property Type: Multi Family
  • Year Built: 1901
  • Video Groups: 0
Utilities
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected
  • Electric: True
  • Sewer: Public Sewer, True
  • Util Avail at Street: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public Sewer, Public Water
  • Utilities Attached: Electricity Connected, Natural Gas Connected
  • Water: Public Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Exterior Material: Brick
  • Substructure: Full
Interior Features
  • Heating: Forced Air
  • Basement: Yes
  • Basement Yes/No: Yes
  • Bathrooms Total (Integer): 0
  • Bathrooms Total (Decimal): 0.0
  • Bathrooms Total (Notational): 0.0
  • Heating: Yes
  • Heat Source: Natural Gas
  • Heat Type: Forced Air
Multi Family
Multi Family Information
  • Number of Units: 2
Rental
Rental Information
  • Occupant Type: Vacant
  • Tenant Pays: Electric, Gas, Sewer, Trash, Water
  • Owner Pays: None
  • Terms Available: Cash, Conventional

Property History for 331 Reed Avenue

DateEvent & SourcePriceAppreciation
Apr 19, 2013

Sold (Public Record)

Public Record #1112094897

$12,000
Apr 19, 2013

Sold

Michigan Regional Information Center #13017323

$12,000
Apr 4, 2013

Contract Signed

Michigan Regional Information Center #13017323

DateEvent & SourcePrice
04/19/2013

Sold (Public Record)

Public Record #1112094897

$12,000
04/19/2013

Sold

Michigan Regional Information Center #13017323

$12,000
04/04/2013

Contract Signed

Michigan Regional Information Center #13017323

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 331 Reed Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$2,035 ($170 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,496 SqFtAbove Grade Finished SqFt1,496 SqFtUnfinished Basement SqFt748 SqFtStories1Lot Size10,890 SqFtStyleSingle Family ResidenceYear Built1901Year Renovated1901ZoningRM15CountyKALAMAZOOAPN06-22-471-002

Schools near 331 Reed Avenue

This home is within Kalamazoo Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
Washington Writers' Academy
PublicPK to 5

Milwood Middle School
Public6 to 8

Loy Norrix High School
Public9 to 12

Indian Prairie Elementary School
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 331 Reed Avenue, Kalamazoo, MI 49001
$12,000
10,890
$115,000
4
1,880
19,166
$115,000
4
1,880
19,166
3
1
1,050
5,663
5,663
$13,900
3
678
11,220

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of i-VEST Real Estate Group

The properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the MichRIC (Michigan Regional Information Center), LLC. Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS, MichRIC, LLC, Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Information deemed reliable but not guaranteed. Copyright© 2026 Michigan Regional Information Center. All Rights Reserved.